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Pasthys

Active
Verdedigingsweg 1 ·3110 Rotselaar, Belgium
BE 0787.312.673
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Checked processes every Belgian company, act by act, from the Belgian Official Gazette. The data below is real and verified, this company's full, act-by-act verified dossier is still being assembled.

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Age4 yrs

Summary

Conclusion

the dossier summarised in one paragraph

The computed 12-month bankruptcy probability of Pasthys is 0.5% (very low). The 2025 annual accounts show equity of €10k and a net result of €46k. The figures fluctuate too strongly year-on-year for a reliable trend projection. Its solvency ranks better than 19% of 2734 sector peers (fiscal year 2025). The company has been active since 2022 and the Belgian State Gazette contains no insolvency or warning signals.

Based on the State Gazette, CBE and 4 annual accounts.

Signals

2 signals · with evidence
Weak solvency vs sector
Solvency (equity / total assets) is in the sector's weakest quartile: better than 19% of 2734 sector peers (2025).
View the sector comparison
Consistently profitable
Positive net result in the two most recent financial years (2024 and 2025).
View the result trend

Signals are derived from the filed annual accounts and the sector comparison. No composite score: each signal is separately verifiable at the source.

Trust signals

3 signals
More than 3 years active
Founded in 2022, past the statistically most fragile first 3 years.
No legal incidents
No bankruptcy, reorganisation or interim measure in the Belgisch Staatsblad.
Administratively compliant
No FOD Economie strikeouts (UBO, accounts, address, activity).

Administrative Flags

0 events
No administrative flags

Bankruptcy probability (12 mo)

Checked model v1 · free for everyone
0.5% Very low
0%0,5%1,5%4%10%≥25%
Lower-failure-rate sector Young company +Annual accounts: healthy financial profile

Statistical estimate based on public sources, not credit advice nor a finding of fact. How do we compute this?

Financials

TurnoverNot published (abbreviated filing)
EBIT marginNot published (abbreviated filing)
Net result€46k+105.5%
Working capital€117-99.7%

Annual accounts & ratios

Source: NBB · 2025
Annual accounts filed on 11-04-2026 with the NBB · fiscal year 2025 · micro
€0€20k€40k€60kOperating result 2022: €21k€21kNet result 2022: €16k€16kOperating result 2023: €26k€26kNet result 2023: €19k€19kOperating result 2024: €31k€31kNet result 2024: €22k€22kOperating result 2025: €60k€60kNet result 2025: €46k€46k2022202320242025
Operating resultNet result
Trajectory (indicative)
Projection over 3 fiscal years from the filed annual accounts, not a forecast, the extended trend.
volatile Too volatile to project: the yearly deviation from the trend is ~46% of the level (threshold 35%). We therefore deliberately show no projection line.
€0€20k€40k€60k2022: €15k2023: €33k2024: €54k2025: €10k2022202320242025
How do we compute this?

The trend is a robust median of all pairwise slopes between fiscal years (Theil-Sen), so a single odd year cannot hijack the line. For strictly positive series we also fit a log variant (compound annual growth) and keep whichever describes the figures best.

The area around the projection is 1.8 × the median absolute deviation from the trend, widening each year ahead (×1 / ×1.6 / ×2.2), with a minimum of 8% of the last value. It is an indicative range, not a statistical confidence interval.

A series whose deviations exceed 35% of its level is too volatile: we then deliberately show no projection. Every projection assumes unchanged policy and is blind to non-public information (order book, contracts, funding rounds).

Sector comparison
Fiscal year 2025 · NACE 62, Computer programming & consultancy · compared within the same schema type (micro schema)
Metric This company Sector median Position in the sector
Solvency 9.8% 62.2%
better than 19% of 2734 sector peers
Net result €46k €40k
better than 57% of 2736 sector peers
Equity €10k €62k
better than 21% of 2735 sector peers
Gross operating margin €65k €63k
better than 52% of 2736 sector peers
Total assets €103k €121k
better than 41% of 2736 sector peers
Median and position computed from NBB annual accounts filed by sector peers; own figures from the latest filed accounts.
Sector position over time
Percentile per fiscal year versus peers that filed figures, computed year by year (a year without enough peers is absent).
Solvency P19
2022: P31 · n=37672023: P62 · n=57802024: P63 · n=73202025: P19 · n=27342022 2025
Stable position over 2022-2025 · n=2734-7320
Net result P57
2022: P39 · n=37652023: P40 · n=57762024: P40 · n=73172025: P57 · n=27362022 2025
Stable position over 2022-2025 · n=2736-7317
Equity P21
2022: P25 · n=37692023: P38 · n=57832024: P48 · n=73222025: P21 · n=27352022 2025
Improving position over 2022-2025 · n=2735-7322
Gross operating margin P52
2022: P31 · n=37592023: P33 · n=57722024: P35 · n=73112025: P52 · n=27362022 2025
Improving position over 2022-2025 · n=2736-7311
Describes the position versus peers, not a forecast.
EBITDA
€65k
+82.3% far above sector median
Net profit
€46k
+105.5% far above sector median
Cash flow
€51k
+86.1% far above sector median
Total assets
€103k
+37.7% +10% vs sector
Equity
€10k
-81.5% -47% vs sector
Working capital
€117
-99.7% -100% vs sector
Income taxes
€13k
+91.8% far above sector median
Dividends
€90k
+5319.5% 22-25
Debt
€93k
+354.6% +184% vs sector
Debt ≤ 1y
€92k
+407.0% +183% vs sector
Debt > 1y
€167
-92.1% 22-25
Current ratio
1.00
-70.1% -7% vs sector
Quick ratio
1.00
-70.1% -7% vs sector
Solvency
9.8%
-86.6% -82% vs sector
Debt / equity
9.25
+2361.1% far above sector median
ROE
461.6%
+1012.2% far above sector median
ROA
45.0%
+49.2% far above sector median
Interest coverage
54.29
+138.4% far above sector median
Figures by fiscal year
Fiscal year2025
Revenue-
EBITDA€65k
Net profit€46k
Cash flow€51k
Staff costs-
Income taxes€13k
Dividends€90k
Total assets€103k
Equity€10k
Debt€93k
of which ≤ 1y€92k
of which > 1y€167
Working capital€117
Employees (FTE)-
Ratios (computed)
2025
Current ratio1.00
Quick ratio1.00
Working capital ratio0.1%
Solvency9.8%
Debt / equity9.25
Long-term debt ratio0.02
Interest coverage54.29
Gross margin-
Net margin-
ROA45.0%
ROE461.6%
EBITDA margin-
Days sales outstanding-
Days payable outstanding-
Inventory turnover-
Days inventory (DSI)-
Balance-sheet composition 2025
Full annual accounts
Filed balance sheet and income statement, exactly as deposited with the NBB.
Line item Code2025
Balance sheet, Assets
TOTAL ASSETS 20/58€103k
Fixed assets 21/28€10k
Tangible fixed assets 22/27€10k
Current assets 29/58€92k
Amounts receivable within one year 40/41€1k
Cash & bank 54/58€88k
Balance sheet, Equity & liabilities
TOTAL EQUITY & LIABILITIES 10/49€103k
Equity 10/15€10k
Contributions / capital 10/11€1k
Accumulated profits (losses) 14€9k
Amounts payable 17/49€93k
Amounts payable after one year 17€167
Amounts payable within one year 42/48€92k
Trade debts payable within one year 44€4k
Income statement
Gross operating margin 9900€65k
Operating result 9901€60k
Financial income 75€3
Financial charges 65€1k
Result before taxes 9903€59k
Income taxes 67/77€13k
Net result for the period 9904€46k
Result to be appropriated 9905€46k
You're seeing the latest fiscal year only. Unlock 3 prior years (figures + ratios) with a paid plan. See plans →
Ratios computed by Checked.

Health barometer

FY 2025 · computed
73 / 100 Healthy
050100

Unlock the full score breakdown, per-year score history and the indicative credit limit with Plus.

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Computed by Checked from NBB filings and Belgian State Gazette signals. Indicative, not credit advice.

Structure & network

Locations & real estate

Registered office

on the map · from the address register
seat.Municipality exact location from the address register

Establishment units

1 location
Pasthys
Verdedigingsweg 1, 3110 RotselaarUitgeven van computerspellen
since 20222.332.291.061
Physical sites registered in the Crossroads Bank for Enterprises (CBE).
Parcels1
Ground area484 m²
Buildings1
Building footprint77 m²
Volume (LiDAR)2 m³
Tallest building0.4 m

Real-estate footprint

Source: CBE × cadastre · address linking

Parcels linked to this company through its CBE addresses (seat, establishment units, branches), cross-referenced with the cadastral parcel plan. This shows where the company operates, not a deeds register.

Flanders 1 (100%)
Parcel (capakey) Region Area Buildings Height / fl.
24094B1109/00L000 Flanders 484 m² 1 · 76 m² 0.4 m
Methodology
via registered seat: 1
1 of 1 parcels with an exact address match; the rest are indicative.
Linked through address data, this is not proof of ownership.

Analysis

Snowflake analysis

financial profile on 5 axes
Health73Profitability100Solvency18Growth58Stability94
69 / 100

Strong profile, led by profitability.

Health 73
Profitability 100
Solvency 18
Growth 58
Stability 94

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Credit advice

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Based on official sources (NBB, CBE, State Gazette). Indicative, not credit advice.

Similar

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Company registry

Company registry (CBE)

Crossroads Bank
Activities
Computerconsultancy-activiteiten62020Activiteiten op het gebied van computerconsultancy en beheer van computerfaciliteiten62200
Primary activity highlighted.
Names & trade names
Legal nameNL Pasthys
Registered office
Verdedigingsweg 1
3110 Rotselaar, Belgium
Official data from the Crossroads Bank for Enterprises (CBE). Available for every registered company.